Thorobird files plans for 213-unit affordable project in Cypress Hills

Thorobird Companies submitted a new building construction project for a 213-unit, 176,851 square-foot residential (R-2) affordable building at 570 Eldert Lane in Cypress Hills, Brooklyn. The plan was filed with the New York City Department of Buildings on March 20, 2025 under job number B01196476. It calls for the construction of an eight-story building. The project is described in the filing as: Propose new construction for an 8-story affordable housing building and community facility on the first floor. Sandy Rozario of Thorobird Companies submitted the plans. The architect is Martin H. Kapell.
The property owner identified in Acris is still listed as the City of New York, but in Department of Building records, Thorobird Companies is identified as the property owner in the Property Owner Certification.

The property

The parcel has frontage of 200 feet and is 400 feet deep with a total lot size of 49,397 square feet. The lot is irregular. The zoning is R5 which allows for up to 1.25 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $1.6 million.

Violations and lawsuits

According to city public data, the property has not received any significant violations in the last year.

There were no lawsuits or bankruptcies filed against the property for the past 24 months.

The neighborhood

In Cypress Hills, The bulk, or 24 percent of the 8.6 million square feet of commercial built space are mixed-use buildings, with specialty buildings next occupying 20 percent of the space. In sales, Cypress Hills has near average sales volume among other neighborhoods with $79.3 million in sales volume in the last two years and is the 37th highest in Brooklyn. For development, Cypress Hills has near average amount of major developments among other neighborhoods and is the 22nd highest in Brooklyn. It had 817,544 square feet of commercial and multi-family construction under development in the last two years, which represents 10 percent of the neighborhood’s built space.

The block

On the tax block, there was one new building construction project filed totaling 176,851 square feet. It is a 213-unit, 176,851 square-foot residential (R-2) building submitted by Thorobird Companies and filed by Sandy Rozario with plans filed March 20, 2025 and it has not been permitted yet.

The surrounding

This is the first commercial real estate event of interest identified within the 400-foot radius of 588 Eldert Lane in the past 24 months.

Direct link to the property’s ACRIS page and link to DOB NOW portal.